Lets see what the first comes up with and challenge if required. Does it say anywhere that we have to accept any or all valuations? What happens if the evaluation comes in at .13c are we forced to accept Cliffs offer at that price? and if it comes in at $2 does Clifs have to buy at that price?
I think the answers are obvious. the VALUATION is a guide line MIGHT work for us (clifs knows that isnt going to) might work against us Clifs favor). valuations / apraisals are done with reliance on facts and historicals. Blue sky not weighted very heavily). So at this particular point in the development it is difficult to say. but probably wont vary significantly...imo
That being said the value of a property can also rise quickly based on events surrounding the property.
Looking for news that will set the p;ace on fire PLEASE